NEWS
Tags: 

IPG Photonics enters module market with Menara acquisition

High-power fibre laser and amplifier specialist IPG Photonics plans to acquire Menara Networks, a provider of optical transmission modules and subsystems, as the company expands its range of telecom products.

The cash purchase price is $46.8 million (€41 million), subject to closing adjustments, and is projected to close in the second quarter of 2016.

Menara's optical modules are deployed by cable multi-system operators (MSOs), carriers and data centres in North America and in selected international networks. The acquisition gives IPG a route into the growing market for pluggable optical modules and subsystems, while giving Menara access to IPG's based of international customers outside North America.

‘This acquisition broadens and complements our telecommunications offerings… Together, we can offer our customers an expanded telecom technology platform with more integrated products with superior performance and economics,’ said Dr Valentin Gapontsev, IPG Photonics' chairman and CEO. ‘The acquisition also affords IPG a better position to capitalise on the robust growth of optical networking driven by video and broadband access.’

‘The on-going shift to cloud based services and infrastructure has placed unprecedented strain on data centres and telecom/cable operators' optical networks and presents a significant opportunity for Menara's differentiated products,’ added Siraj Nour El-Ahmadi, Menara CEO, chairman and co-founder.

IPG Photonics and Menara Networks had recently announced a partnership to provide an integrated solution for simplified repeaterless 100G dense wavelength division multiplexing (DWDM) transmission for metro and data centre interconnection.

Menara's management team, including cofounders Siraj Nour El-Ahmadi and Salam Elahmadi, and other employees are planning to remain with the combined company.

Menara Networks had revenues of approximately $21 million in 2015 and is profitable.

Twitter icon
Facebook icon
Google icon
StumbleUpon icon
Digg icon
LinkedIn icon
Reddit icon
e-mail icon
Feature

Oleg Khaykin, CEO of Viavi Solutions, speaks candidly to Fibre Systems about how to compete in the challenging world of communications test and measurement

Feature

Hao Dong describes how innovative optical fibres and cabling could provide substantial benefits for connecting data centres across a wide range of distances

Feature

ECOC is the place to be to discover the latest technological and commercial innovations in optical components and networks. Here we highlight some of the exhibitors and events taking place in the exhibition hall.

Feature

Optical networks are playing an increasingly important role in the distribution of precise timing signals and synchronisation with sub-microsecond accuracy. Michael Ritter explains